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20121101
20121130
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CNBC 15
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English 15
Search Results 0 to 14 of about 15
CNBC
Nov 6, 2012 1:00pm EST
legion and get to 270 electoral votes? give mitt romney florida, virginia, north carolina, colorado. his shortest path is to win those states. he would win a majority of the nine swing states and that gets him to 275, 263 for barack obama. he also needs for that scenario to win the state of ohio. tyler mentioned the cleveland airport today. what -- now, let's go back to this map again, put the swing states again in yellow and say, what is barack obama's shortest path? he just needs to win three of the nine swing states, those three, wisconsin, paul ryan's home state, ohio, the state we have just been talking about and also nevada, big harry reid's home state, the senate leader, big union vote, big hispanic vote there. if he gets those three things, barack obama gets to 271 electoral votes and wins, tyler. >> but not any three of those nine states? >> specifically those three. >> specifically those three. say it again, ohio, nevada -- >> ohio, wisconsin, nevada. if barack obama gets those three, can win every other swing state -- >> do the polls tell us that he is ahead in those three? >>
CNBC
Nov 1, 2012 6:00am EDT
of florida, jeb bush, he'll be our special guest coming up at 8:00 a.m. all that plus as we mentioned the new adp employment report. mark zandi will deliver the report to us first on cnbc. let's get over to andrew with more of today's top stories. >> joe, i think actually we're going to go and talk to mary thompson. as new jersey begins to recover, gas lines are growing. mary thompson is on the new jersey turnpike this morning. mary, good to see you. but there's been a lot of lines and a lot of people talking about this. >> reporter: yeah, very frustrating situation. take a look behind me, you can see the line at the vince lombardi station. and what you can't see is that it stretches down just about a half a mile to the entrance to this rest stop. our cameraman waited in line to get gasoline, he said it took him about 25 minutes. and brian sullivan drove past it yesterday and said the line was at least 200 cars deep. similar scenes like there are being played out all over new jersey as well as long island. residents driving across state lines to find gas, others expressing increasing frustrat
CNBC
Nov 6, 2012 4:00am EST
later in the program. >> ohio, colorado, florida, those are the three, i think. >> i bet a lot of global investors are googling the u.s. state map this morning. >>> there is a plan known as the fiscal cliff and automatically triggered $600 billion of tax hikes and spending cuts which would send the u.s. into a recession. >> in this animation, eamon javers has explained the fiscal cliff and gives a couple scenarios for avoiding it. >> the u.s. is barreling towards the fiscal cliff, that's when come on on 2013, mandatory budget cuts and tax increases kick into reduce the deficit by $560 billion. the map drawn by congress leads to automatic cuts next year of $27 billion each in defense and nondefense spending and another $12 billion in cuts to medicare. but here's what lowers the deficit most. higher taxes. all the bush tax cuts go away and a 2% payroll tax comes back. all this coming at once would put the economy in a recession. congress and the president could still take an off-ramp and avoid the cliff, but that would mean tough compromises to raise taxes or lower spending. the other alte
CNBC
Nov 26, 2012 12:00pm EST
in boca raton, florida. he's allowed to travel to florida, as well. preliminary hearing set for december 26th. most likely that will go until the new year. but at this point, there's just a formal complaint and he has been charged. he has not been formally indicted if that indictment is handed down in the interim, then he would be back in the court. in the complaint it says that mr. martoma as a portfolio manager for cr intrinsic, a unit of sec capital. he had inside information from one of the key researchers in that trial who is now listed as a cooperating witness for the prosecution. not named and yet inferred in that complaint is steve cohen who is the head of s.a.c. capital. according to the complaint, the owner of the hedge fund was aware of these trades. and a lot of people feel that this is a key development in this case. back to you. >> all right, bertha, thanks so much, bertha coombs for us down in lower manhattan. again the significance. this is the first time we're seeing the man accused by the feds of pulling off the biggest insider trading scheme in u.s. history. herb, than
CNBC
Nov 6, 2012 9:00am EST
and maybe florida depends on the poll. i urge everyone to go out and vote in new jersey. very difficult. largest polling place in our town closed. no power. people have to recognize that the adversity of a lot of people trying to vote today shows you that democracy is trying to be at work. not as easy as you thought. >> i have always said voting is messy. we do it better than just about anybody else. >> north korea has the 99%. everybody seems to turn out. >> regardless of whether the lights or off or not. >> another call today from deutsche bank saying that there's a rally if obama wins and a rally if romney wins going into year end. depends if you look at 1450 or 1500. >> some have said there's a bond market rally for one and stock market rally for other. bond market for obama. easy money so to speak continuing. one of the key questions people come back to is it possible if romney wins and replace him prior to that in some fashion. what we can expect. we'll sit here tomorrow and know who the president is. you talk about uncertainty. that would be a blow if we sit here tomorrow and don
CNBC
Nov 5, 2012 5:00pm EST
. the candidates have been crisscrossing the swing states for the last 24 hours -- wisconsin, florida, virginia, ohio, all the places that matter. let's take a look first at the national polls. our last poll shows 48% for obama, 47% for mitt romney. the president inching ahead. the same thing has happened in some other national polls. more importantly for the president, look at the swing state numbers. start with the state of virginia, 13 electoral votes. the president's got a one-point lead, 48-47. in florida, with 29 electoral votes, a state mitt romney absolutely has to have, president obama leads by two points-47. and in ohio, the ultimate hinge point in this election, another state that mitt romney absolutely believes that he needs to have to get to 270 electoral votes. he is down 6, 51-45. now, of course, all of these things depend on how you define likely voters. the romney campaign says the polls are not capturing republican enthusiasm. the proof is going to come tomorrow night. >> in your view, john, what are the odds that we will have a decisive winner come wednesday morning? >> i thi
CNBC
Nov 6, 2012 12:00pm EST
. give everything else to mitt romney. florida, nu/"carolina, virginia, iowa, colorado, nevada -- which is tough for romney. we get to 269-269. then it goes to congress. the house of representatives picks the president. we have a republican house and will have one after this election. that means mitt romney assuming no elector defects to one side or the other. the house of representatives would elect mitt romney president. but the senate elects the vice president. that means joe biden could serve with mitt romney. crazy and i don't expect it to happen. but not beyond the realm of possibility. >> you have biden in cleveland, romney there, too. is that a lack of confidence in ohio? >> i think that suggests a determination not to relax on the final day. the president will do media interviews from home in chicago. mitt romney is out on the stump. i think so is paul ryan for that matter. joe biden is ensuring the democrats aren't leaving anything set in ohio unanswered. >> john, thanks so much. going to be a long night. we'll look forward to your reports throughout the evening. history shows
CNBC
Nov 7, 2012 5:00am EST
to "squawk box" this morning, the race in the battleground state of florida lived up to its billing. that presidential contest is still too close to call. but mary thompson is there. and maybe she's not going to call it for us, but can give us more information on where we are. mary? >> reporter: no, i'm not going to call it, andrew. might not be until this afternoon or possibly 9 to 12 days from now before we know the outcome of the florida vote here. the vote count was called off late last night. miami-dade, which is one of the most populous counties here in florida said it would continue the vote count today. hanging in the balance, 29 electoral votes. but, again, at this point may make little difference. this is where we stand as far as the vote count goes with president obama showing a slight lead over governor romney according to the florida division of elections. now, even if the final results are submitted today, if there is a margin of victory of less than .5%, here in florida, that triggers an automatic vote recount. that has to be completed either after nine days after the
CNBC
Nov 20, 2012 12:00pm EST
at his florida home, we're told, but the two of them worked at cr intrinsic. one reason i'm told cohen is is upset today or as of yesterday is that cr intrinsic was not just an isolated unit, it provided research and trading for other parts of the firm, not just what they were doing specifically. it's very troubling information for the firm and for cohen as well and i agree. it would seem to be another shoe to drop in this ongoing investigation. >> let's also be clear, kate, that neither mr. cohen nor sac itself with accused of any wrong doing. this is a gentleman who works for that unit. we have scott cohn on the phone with us. scott has covered most of the big high profile insider trading cases over the last several years. good to have you on. this is an aggressive u.s. attorney, right? he doesn't mess around. since 2009, he's brought some 72 cases of insider trading. right? >> right. it's worth noting these inv investigations predate him. we're seeing a lot of these investigations being wrapped up as the year comes to an end and prosecutors have to make their numbers, so there's som
CNBC
Nov 1, 2012 12:00pm EDT
and operated by local business people. in the state of florida, there's a law that every station has to be wired for generators, and that occurred over many years. you can't instantly fix this problem with generators. and so, as i've been saying all week, if there's damage at the refineries, you're going to have a supply problem, but there's enough inventory to take care of immediate needs. the colonial pipeline helps the immediate needs but there can be damage at the ports. and so the ports get a lot of imports. but the overall supply should not be the problem. it is getting the gasoline to the point of purchase and then having the ability to purchase and with so much electricity out of order, gas stations are just as impacted as a person's household or retail store. so you've got to get the electricity back up. and i would submit that instant generators is not a fix. >> well, we hope the situation gets cleared up soon for the sake of all the drivers who are sitting in those lines of several hours. thanks so much. talk to you again soon. >>> still to come -- the airports are startin
CNBC
Nov 6, 2012 3:00pm EST
? former new york governor george ptatki will join us on that. >> as we go to the break, people in florida waiting in long lines to cast their vote in what is always an important swing state. we're back after this. i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which
CNBC
Nov 8, 2012 4:00pm EST
quarter, we feel very good about. that's certainly true in california. it's true in florida. it's true in paris. >> bob, the last time we talked, you seemed passionate about the need to fix our debt as a country. i wonder what your take is on president obama winning re-election. does that change anything for the company, for the industry? in terms of this fiscal cliff, everybody is expecting taxes to go higher. we're not sure how high on dividends and capital gains. will that dictate your behavior in terms of disney's payout, your dividend? >> well, first of all, i think i was most passionate when we last talked about the change in the corporate tax rate where we are the highest in the world right now. i don't think that makes this country competitive. i think it's a real impediment to true growth. so i'm very passionate about addressing that, not only reducing the rate, but in order to do so, i think certain loopholes have to get closed as well in order to make this country far more competitive. i think that's very important. i've seen some very compelling statistics about what a 10%
CNBC
Nov 8, 2012 6:00am EST
couldn't resupply fast enough. >> john, i'm told that did not pass in south florida. it was proposed but didn't pass and the total cost per gas station is $8,000 to $10,000 for the prewiring and the generator. seems like they would have made that over the last couple of weekends, if they had had it. anyway, to not worry about losing the power when you don't have it is the only thing i can -- like this last storm it's like hey, neighborhood doesn't have power anyway. you can't do anything to us at this point. john hofmeister, appreciate it. thanks. >>> coming up, policy decisions from the bank of england and the european central bank, two important announcements from europe that are still ahead this morning. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. impact wool exports from new zealand, textile product
CNBC
Nov 2, 2012 6:00am EDT
whether on the gulf coast, florida and unfortunately in the metropolitan area in new york. the supply siders are doing everything they know how to do. so you broaden utility crews from across the country, trying to get electricity restored, the oil companies are doing everything they can do within the limits of safety, and regulation to get supply out to the public. we also have to do something different on the demand management side. what's happening is that the demand side is descending into chaos and you see it in the gas lines. this could get to gunfire if it continues in the way it's going now. my recommendation is for the governors of new jersey, new york and connecticut, come together, go to an odd/even rationing plan, cut the demand in half every day by going to odd/even rationing. >> based on your driver's license or based on the -- >> based on the license plate. >> like we did back in the '70s. >> exactly. so you've cut the demand in half by definition of what numbers on your car license plate. take care of the service providers, taxi cabs, i will mow drivers, other service
CNBC
Nov 20, 2012 9:00am EST
was arrested by the fbi at his florida home this morning. he allegedly got inside information about an alzheimer's drug on trial in 2006 and 2007 being conducted jointly and he passed on that information to said hedge fund resulting in the ill gotten gains and in the process committed securities fraud among other accusations. we'll bring you more details as we have in this news just out this morning and there's a press conference later today at about 12:30. we'll bring you details. >> all right. already a busy month. thank you for that. we'll see you later on today. >>> big box retailer best buy reporting weaker than expected numbers just days before the unexpected start to the holiday season. for how much longer will it cut into profits? you won't want to miss what meg whitman has to say about that quarter and the autonomy write off at 10:40 eastern time. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new gl
Search Results 0 to 14 of about 15